Share:ISLAMABAD - The government has set cotton intervention price at Rs 5000 per 40kg for cotton crop 2021-22 claiming it would increase its production and stabilise the prices in the country. “If prices fall below Rs 5000/40kg of seed cotton then the intervention policy will be activated” Syed Fakhar Imam said. To monitor cotton price in the country, the minister said that the Ministry of National Food Security and Research will constitute a Cotton Price Review Committee. He said primary aim of this programme is to provide quality input for cotton especially cotton seed and pesticides in addition with modernisation of ginning technology. Empirical evidence indicates that in Pakistan, cotton production increased during intervention years.
August 05, 2021 02:00 UTC
Share:LAHORE - Pakistan Cricket Board (PCB) has congratulated the Balochistan government and PSL franchise Quetta Gladiators on the successful completion of the CM Balochistan Women T20 Tournament, a five-team event, which ran from 26 July to 3 August at the Bugti Cricket Stadium, Quetta. PCB Chief Executive Wasim Khan on Wednesday said: “I congratulate Balochistan government and Quetta Gladiators on the successful delivery of the women’s T20 tournament in Quetta. “Over the course of nine days, these players, who emerged from the Pakistan Cricket Board’s U18, emerging and national competitions, displayed their wide-range of cricketing skills and were followed by the fans and followers of the game all across the country with the tournament broadcasted on a leading sports channel.”
August 05, 2021 02:00 UTC
Share:ISLAMABAD - The High Powered Selection Board (HPSB) is likely to meet next week and Establishment Division has written a letter to Prime Minister Office requesting to summon the HPSB meeting next week, The Nation has learnt reliablyThe Establishment Division has finalised panels of Grade-21 officers of different services groups in this regard. Talking to The Nation, a senior official of the Establishment Division said that Establishment Division has written a letter to the Prime Minister Office about the complete preparation of Board meeting and it has requested to summon the promotion Board meeting next week. He said the board meeting was scheduled in mid of May under the chair of the Prime Minister Imran Khan but delayed due to busy schedule of the PM.
Share:ISLAMABAD - The KSE 100-index of PSX witnessed bullish trend on Wednesday, gaining 31.56 points, with a positive change of 0.07 percent, closing at 47,789.88 points against 47,758.32 points on the last working day. A total of 532,951,316 shares were traded during the day compared to the trade of 433,213,427 shares the previous day whereas the price of shares stood at Rs 15.152 billion against Rs 16.197 billion the previous day. As many as 399companies’ transacted shares in the stock market, 179 of them recorded gain and 198 sustained losses whereas the share price of 22 companies remained unchanged. Nestle Pakistan witnessed maximum increase of Rs 171.46 per share, closing at Rs6050.00 whereas Colgate Palm was runner up, share prices of which increased by Rs 49.66 closing at Rs 2912.99. 17.3942 cmPremium Tex recorded a maximum decrease of Rs 30 per share, closing at Rs 410.00 followed by Pak Engineering the share prices of which decreased by Rs 16.42 per share, closing at Rs 376.31.
Share:Pakistan’s NSA Dr Moeed Yusuf has rightly questioned the American leadership’s confusing attitude towards Pakistan. Whatever those reasons may be, Dr Yusuf didn’t mince his words as he stated that Pakistan has other options. These mixed signals are baffling to say the least. It is quite evident that the US plans playing the ‘do more’ card going forward as the situation deteriorates in Afghanistan. Pakistan on the other hand lacks the means to respond adequately by having high level meetings with the US administration.
Share:KHANEWAL - Celebrations started at Arshad Nadeem’s house in Mian Chanu when he directly qualified for the final of men’s javelin with a throw of 85.16 meters at the Tokyo Olympics. Arshad son of a poor mason, has now become a medal hope for Pakistan and many have pinned hopes on the athlete, who is eager to win lone medal for his country. When Arshad Nadeem was going to throw the javelin in Tokyo Olympics, his friends and family members gathered at his house in Mian Chanu 101/15-L, Khanewal and soon after his direct qualification, they enjoyed this feat with great zeal and zest. Talking to The Nation, his father thanked the nation for their prayers for his son and also appealed to entire nation for more prayers so that he may give his best in the final and win medal for Pakistan.
Share:The harsh utilization of loudspeakers has become a significant aggravation in our urban areas. The most irritating thing is that loudspeakers have now become a necessary piece of practically all festivals. Individuals appear to accept that even private events like relationships and birthday celebrations would be inadequate without the blasting of loudspeakers. Noise pollution is a pressing issue that individuals living in urban areas need to manage. The most noticeably awfully impacted by the frequent and inappropriate use of loudspeakers are the old and the youngsters.
Incumbent Indian Prime Minister Narendra Modi, in his second tenure, is determinedly pursuing the policies of Rastriya Sewak Singh (RSS) and taking all possible measures to promote Hindutva and eliminate Muslims from India. In other words, India is the only country in the world which is sponsoring Islamophobia and Hindutva. The Indian Prime Minister is a firm believer and old follower of the RSS ideology. Historians and experts apprehend that the Hindutva ideology is all set to marginalise almost 200 million human beings—Muslims, Christians and Sikhs. Indian Prime Minister Narendra Modi had won his second term on the basis of a security majority of Hindu votes by promoting and practising Hindutva and he is all determined to win his third tenure also on the Hindutva vote when the next Indian general elections are due.
Share:The Federal Board of Revenue (FBR) has clamped down on top-tier retailers for not only failing to meet their Point of Sales (POS) targets but also hiding their profits to evade taxes. Undoubtedly, instances of evasion should be punished especially considering half of the burden of taxes is pawned off to the end consumer by most retailers. Already, retailers pawn off the burden of paying sales taxes to the end consumer anyway. In the end, we find that they are guilty of evading taxes completely, by failing to pay direct taxes on profits, and avoiding them in the same breath by transferring the responsibility onto the customer. If more POS are tied to the FBR, and greater taxes are paid, then higher refund claims can also be made without the fear of them being rejected.
Share:The once-in-a-century COVID-19 pandemic is still wreaking havoc, posing a great threat to the lives and health of people all over the world, and is a big challenge to global public health. In the face of this common crisis for mankind, the international community needs solidarity and cooperation more than ever. This is the legitimate appeal and voice of justice from the international community. At the Global Health Summit in May this year, President Xi Jinping made an important address and clearly advocated unity and cooperation among the international community. As long as the international community stand together and help each other in times of difficulty, advance anti-pandemic cooperation unswervingly, and build a community of health for all at all our efforts, we will have more confidence to win a complete victory over the pandemic at an early date, and usher in a better future for mankind.
August 05, 2021 00:56 UTC
Share:Speaker National Assembly Asad Qaiser has said that the economic policies of the incumbent government are now resulting in better economic indicators. These views were expressed by him during his meeting with Minister for Finance Shoukat Tareen who called on him in Parliament House on Wednesday. He said that the Kamyab Nojwaan programme would be an opportunity for the youth of merged districts for development. He remarked that issuance of Health Card would bring health facilities at the door step of people of erstwhile FATA. Minister for Finance Shoukat Tareen said that economic activities would generate employment opportunities for the people of FATA.
August 04, 2021 19:07 UTC
Share:ISLAMABAD - President Dr Arif Alvi has said that Pakistan stands solidly by the Kashmiris in their just struggle to the right of self-determination and will continue to highlight the Jammu and Kashmir dispute at the international level. The Indian actions were also aimed at foreclosing the exercise of the right to self-determination of the Kashmiri people promised to them in numerous resolutions of the UN Security Council, he said. “Through continuous illegal and unilateral steps, the Indian government has created an environment of fear and chaos in IIOJK,” he added. He said India’s illegal actions in IIOJK were aimed at breaking the spirit of the Kashmiri people, which, however, had manifestly failed. He recalled that the steps were also forcefully rejected by Pakistan, the Kashmiris, and the international community.
August 04, 2021 19:07 UTC
The CPEC Authority finally got legal cover in May 2021 with the unanimous passage of the Bill by the Senate in the absence of the opposition. While in opposition many PTI leaders had accused the PML(N) leaders of indulging in corruption while undertaking CPEC projects. Soon after assuming power, the PTI govt dropped a number of CPEC projects, including those connected with Gwadar city from the PSDP. Presently five CPEC power projects face delays. This was followed by CPEC Authority Chairman Asim Saleem Bajwa’s resignation.
August 04, 2021 18:56 UTC
Share:Famous Pakistani playback singer, late Akhlaq Ahmad is being remembered on his 22nd death anniversary. According to the details, Akhlaq Ahmad sang nearly 117 songs in 86 films between 1973 to 1998. Moreover, he performed many superhit songs that are still recognized in Pakistani singing industry. Renowned songs such as Sona na Chandi na koi Mehal from the film Bandish in 1980 and Sawan Aye Sawan jaye in the film Chahat in 1974 were sung by him. He died on 4th Aug 1999 in London after a long fight with a lethal disease of blood cancer.
August 04, 2021 18:45 UTC
My late father Nazir A. Malik, joined the All India Muslim League (AIML) in 1935 and rose to be its Secretary Finance and Vice President of the Ludhiana chapter. I was born and raised as a Muslim League child, and portraits of Quaid-e-Azam Muhammad Ali Jinnah and the other founding fathers were displayed all over the house. It took me a while to understand that the Pakistan Muslim League (PML) was not the continuity of the AIML, the founding party of the country. The first dictator called ‘Toady League’ for support which caused its split. A building located at 33 Davis Road was named ‘Muslim League House’ and made available.
August 04, 2021 18:33 UTC